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Preferred Benefit Administrators

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Preferred Benefit Administrators Products (10)

   
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ACA Management

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Alternative Care Models

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Healthcare Third Party Administrator

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HR Compliance Services

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COBRA Administration

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Form 5500 Filing Service

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Health Risk Assessment

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PBM Vendor Evaluation, Contracting & Negotiating

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Pharmacy Benefit Advisor

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Wrap Plan Document Service

Product Description

As experts in the Employee Benefit industry, Preferred Benefit Administrators is uniquely qualified to<br /> assist employers in completing their ACA 6055 & 6056 obligations. Employers recognize that ACA<br /> compliance is critical and partnering with an experienced ACA Filing Specialist is a necessity. Show More

About this product

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As experts in the Employee Benefit industry, Preferred Benefit Administrators is uniquely qualified to
assist employers in completing their ACA 6055 & 6056 obligations. Employers recognize that ACA
compliance is critical and partnering with an experienced ACA Filing Specialist is a necessity.

Min. Group Size

-

Lives Serviced

-

Average Cost

Average Cost is Locked

46 RFI Questions RFI questions

RFI questions number is Locked

16 Specific Questions Specific Questions tooltip

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Product Features

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ACA Tracking

✓

ACA Reporting Services

✓

Automatic generation of IRS forms 1094-C and 1095-C

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E-Filing to IRS

✓

Automatic calculation of indicator code 1 for offer of coverage

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Automatic calculation of indicator code 2 for employee share of lowest cost monthly premium for self-only minimum value coverage

Show All Features

Product Features

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✓

ACA Tracking

✓

ACA Reporting Services

✓

Automatic generation of IRS forms 1094-C and 1095-C

✓

E-Filing to IRS

✓

Automatic calculation of indicator code 1 for offer of coverage

✓

Automatic calculation of indicator code 2 for employee share of lowest cost monthly premium for self-only minimum value coverage

✓

Automatic calculation of indicator code 3 for safe harbor and other reliefs for employees

✓

Print and mail form distribution for employees

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Generation and review of forms on a monthly basis

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Audit defense and support

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Generation and review of individual statements and mailings

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Automatic IRS e-filing on behalf of the employer

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Alert system to notify administrators of noncompliance

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Employee time tracking for hourly and salaried employees (e.g., lookback for hourly and monthly for salaried)

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Trend analysis and forecasting in benefit eligibility status

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Collection, management, and organization of employee hours for eligibility purposes

Preferred Benefit Administrators Info

Founded:

1997

Funding Summary:

Not Provided

Location:

Longwood, FL

Links:

Employees:

Not Provided
Preferred Benefit Administrators is a Third Party Administrator (TPA) specializing in self-funded group health plan administration. As a result of our focus on self-funding, Preferred Benefit Administrators understands the critical need to tailor our services for each individual client. Preferred... Show More

About this vendor

×
Preferred Benefit Administrators is a Third Party Administrator (TPA) specializing in self-funded group health plan administration. As a result of our focus on self-funding, Preferred Benefit Administrators understands the critical need to tailor our services for each individual client. Preferred Benefit Administrators has been approved by leading A and A+ rated Stop Loss and Life Insurance carriers and can therefore ensure competitive pricing and quality placement. In addition, we contract with numerous regional and national PPO Networks, and we can maintain the in-force network when possible. Preferred Benefit Administrators holds a Third Party Administrator Certificate of Authority issued by most State Insurance Departments and is a member of the Society of Professional Benefit Administrators (SPBA). In addition, we are represented by an experienced benefits attorney who specializes in self-funded ERISA health programs. These credentials assist us in remaining on the cutting edge of the ever-changing marketplace, and they enhance our resources for providing the highest level of support for each individual client we serve.

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